1AI 0.00% 1.0¢ algorae pharmaceuticals limited

Hi Junebug,Thanks for that.Yeah I'll be heading to the AGM on...

  1. 179 Posts.
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    Hi Junebug,

    Thanks for that.

    Yeah I'll be heading to the AGM on Thursday - I'm interested to ask about future financing plans, given that one of the directors recently said LCT were looking at infrastructure costs of up to $2bn in the next 10 years...also when they plan on commercializing the prodcut and exactly how they plan to sell it at $100,000 per treatment given the current economic climate...

    I also just re-read the AGM info and looks as if those options for the new CEO are exercisable at $.30 and $0.40 over the next 2 years...would be nice to see the SP back at those levels but just not sure how this will be done in the current market conditons. Interest in the US is building however as there have been shares traded pretty much every day since the NZ approval.

    I e-mailed Dr Elliot about an update on the Russian trials and I believe we can expect some interim results in the next week or two.


    Cheers


    SW

 
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